NCU Announces New Block Pricing Plan
Minneapolis, MN – February 10, 2012 - In a message to the University community, President Gordon Anderson, announced today that North Central University will implement a block tuition plan beginning in fall 2012.
Under the new block tuition plan, NCU students will be able to take a minimum of 12 hours to a maximum of 18 hours per semester for one price, including general fees.
By shifting to a block tuition plan, a degree at North Central will become more affordable for students, and encourage them to graduate in four years. A block (also known as “flat-rate”) tuition plan helps families shorten the time it takes students to earn a degree, plan better financially, save money each year, and reduce debt upon graduation.
“The Block Tuition structure will help NCU students reduce the cost of their degree, minimize debt upon graduation and enter the marketplace sooner,” said Executive Director of Enrollment, Troy Pearson. “NCU needed a model that rewarded those who complete their education on schedule, and to encourage others to reduce the time and total cost spent earning a degree. Block tuition pricing encourages students to take more hours and, as a result, save more money over the course of their education and accrue less debt upon graduation.”
Block tuition will also benefit the university because it allows for more reliable budgeting based on the number of students enrolled. Most private and many state universities already offer semester block tuition plans.
Statistics show that the less debt students incur while enrolled, the greater opportunity they will have for success in their chosen field after graduation. For this reason, North Central is committed to a holistic approach that helps students navigate the financial realities of higher education - providing generous Financial Aid packages, facilitating monthly payment plans, offering students financial literacy training & financial counseling, and structuring it’s programs to help students graduate and complete their education more quickly and with less debt.
NCU has arranged two Town Hall meetings to accommodate any questions that current students may have due to this shift. These meetings will be held in the university’s Thomas E. Trask Word & Worship Center’s Sanctuary on February 13, 2012 at 3:30 p.m., and February 14, 2012 at noon.
North Central is a non-profit private university located in the heart of Minneapolis. The college offers degrees in business administration, education, music, psychology, biblical studies, English, communication arts, evangelism and church planting, intercultural studies and more. The school is located at 910 Elliot Ave. Minneapolis, MN 55404. Visit North Central on the web at www.northcentral.edu.